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Mortgage Rates

Peapack-Gladstone Bank Mortgage Rates

Effective 2.15.24

Contact us to learn more about our complete suite of residential lending solutions or to ask about rates.

Affordable Housing Loan Programs1




Annual Percentage Rate

# of Months



Monthly Payment Per $1,000

Max. Loan1

Rate Lock Days

30 Year Fixed-Affordable Housing 6.500% 0 6.671% 360 6.500% $1,896.20 $6.32 $500,000 60
30 Year Fixed-Affordable Housing*** 6.750% 0 6.926% 360 6.750% $1,945.79 $6.49 $500,000 60
Payments do not include amounts for taxes and insurance. Actual payment obligation will be greater.
Rates quoted are the lowest rates for qualified applicants, are subject to change without notice and are subject to credit approval. Other rates and terms are available and may apply based on our underwriting guidelines. Underwriting guidelines include, but are not limited to, loan amount, credit history and the actual appraised value of the property. Mortgage loans in excess of an 80% Loan-to-Value (LTV) require Private Mortgage Insurance (PMI). Payment schedules are based on a loan amount of $300,000.
1Please call for rate quotes and maximum income limit per county.
***30 Year Fixed Rate -Affordable Housing product will be offered at 8.250% with a $2,500.00 closing cost credit


Application $500.00 Flood Certification and Life of Loan $15.00 Credit Report - Joint $94.00
Appraisal $525 to $1,500 Attorney Review $250.00 Credit Report - Individual $47.00
Tax Service $116.00